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Archive of posts tagged Taxes

Speaker Pérez Discusses Middle Class Scholarship Act Prior to Unanimous Bipartisan Vote by Assembly Higher Education Committee

SACRAMENTO – In this Democratic weekly radio address, Speaker John A. Pérez (D-Los Angeles) testifies before the Assembly Higher Education Committee regarding AB 1501, one of two bills that make up the Middle Class Scholarship Act, which slashes sta…

Worried About School Funding, Most Favor Tax Increase—For the Rich

By the Public Policy Institute of California
California’s likely voters favor raising the state income taxes of the wealthiest state residents to provide more money for public schools, but most oppose increasing the state sales tax for this purpose….

Social Security and Medicare: Behind the Numbers and the Spin

By Richard (RJ) Eskow
Here are some headlines you won’t see after the government releases new figures on Social Security and Medicare later today:
“Social Security Trust Fund Even Larger Than It Was Last Year”"Growing Wealth Inequity Will Lead to Socia…

Out of State Corporations Fighting to Keep Tax Loophole Are Top U.S. Tax Dodgers

By Judy DuganConsumer Watchdog
Three of the five global corporations behind a coalition aimed at protecting $1 billion a year in California tax loopholes are among the nation’s top tax evaders, said Consumer Watchdog. They are:
- International Paper …

Tax Day Thoughts…

By Anthony WrightHealth Access California
On tax day, we remember the saying by Oliver Wendell Holmes, that “taxes are the price we pay for a civilized society.”
Today, we joined other Sacramento leaders in front of the Federal building, to protest a d…

The Elvis Index: Why the Rich Should Pay a Lot More On Tax Day

By Richard (RJ) Eskow
Let’s face it. The subject of taxes intimidates a lot of people, and it can be an understandably touchy subject. So we won’t inundate you with charts, graphs, and tables to tell you why the rich are getting away with murder on ta…

Molly Munger’s Multi-Million-Dollar Bet

By Peter Schrag
With the $2.1 million she plunked into her school tax initiative campaign last week, Molly Munger is now in for about $6 million and, she says, prepared to spend a lot more.
The conventional political wisdom maintains that Munger, a Lo…